What is IG client sentiment report?

Sentiment report shows the amount of open long and short trades for IG retail traders. This is important as institutional traders often are on the other side of retail trades. Therefore, the IG Client Sentimen t report is a contrarian trade signal.

What is client sentiment?

Client sentiment, which looks at the number of long and short trades on a particular market, is a useful tool in a trading strategy. It is often said that clients look to sell into rising markets and buy into falling ones.

What is a forex market sentiment indicator?

Our forex market sentiment indicator shows the percentage of traders going long and short, how sentiment is shifting, and whether the overall signal is bullish, bearish or mixed. Sentiment may improve technical analysis and enable more consistent trading, particularly for those looking to trade against the consensus.

Are traders net-long USD/CAD IG client sentiment?

USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Apr 20, 2023 when USD/CAD traded near 1.35. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias.